Kernel S&P Kensho Electric Vehicle Innovation

Invest in a diversified mix of global companies involved in the electric vehicles sector and the ecosystems supporting it – energy storage systems, clean fuel technology, charging infrastructure and more.

5 year p.a. return
to February 2021

31.49%*

Companies in
the Fund

29

Management fee
p.a. (before rebate)

0.55%

Largest
sub-sector

Auto parts

Fund Overview

Electric Vehicles (EVs) have been proposed and designed for over 20 years, but in the last year or two the EV performance, ecosystem and consumer adoption seems to have accelerated. With 11 vehicle manufacturers plus 18 companies providing critical EV components and infrastructure, this fund offers well-rounded exposure so you can benefit from the EV movement without picking individual stocks. This high-growth fund is only the 4th electric vehicle index fund in the world and includes the likes of Tesla, NIO, Workhorse Group, Blink Charging Co and Toyota. The fund tracks the S&P Kensho Electric Vehicles Index, which is part of the S&P Kensho New Economy Index Series. You can find out more about how the index selects constituents here.

Fund Performance

We believe past performance should not be relied on to make an investment choice, so we strive to provide a range of information to assist in making the best choice for your goals.

Range of Returns

The best and the worst 12 months returns in USD in 5 years to December 2020*

$39,306

Growth of $10,000

For the 5 years to February 2021, you would be up 293.06%*

Investment Objective

The Fund is designed to focus on capital growth and is a great satellite holding.

*These are the gross index USD returns, not including fee or taxes

Holdings

Transparency is key and we think you should know which companies you own within our Fund. You can find out more about constituent selection here.

Company holdings

CompanyIndustry% as at 28 February 2021
Blink Charging CoAutomotive Retail10.78%
Plug Power IncElectrical Components & Equipment7.02%
Tata Motors LtdAutomobile Manufacturers4.78%
Ballard Power Systems IncElectrical Components & Equipment4.56%
Dana IncorporatedAuto Parts & Equipment4.34%
Tesla Inc Ordinary SharesAutomobile Manufacturers4.22%
Gentherm IncAuto Parts & Equipment3.90%
American Axle & Mfg HoldingsAuto Parts & Equipment3.72%
Lear CorpAuto Parts & Equipment3.48%
Borgwarner IncAuto Parts & Equipment3.32%
ArcelorMittal IncSteel3.31%
HondaAutomobile Manufacturers3.04%
Cummins IncMachinery3.03%
NIOAutomobile Manufacturers2.95%
General Motors CoAutomobile Manufacturers2.85%
Sanmina CorpElectronic Manufacturing Services2.80%
Allison Transmission HoldingsMachinery2.73%
Modine ManufacturingAuto Parts & Equipment2.71%
SolarEdge TechnologiesSemiconductors2.64%
Sensata Technologies HoldingElectrical Components & Equipment2.62%
Stellantis Ordinary SharesAutomobile Manufacturers2.50%
Workhorse Group IncAuto Parts & Equipment2.49%
Hyster-Yale Materials HandlingMachinery2.48%
Nikola CorporationMachinery2.48%
Meritor IncMachinery2.42%
Texas Instruments IncorporatedSemiconductors2.29%
Toyota Motor CorpAutomobile Manufacturers2.23%
Kandi Technolgies GroupAuto Parts & Equipment2.17%
Luxfer HoldingsMachinery1.34%


Sector holdings

Returns

Since Inception

N/A

3 months

16.13%

1 year 

149.01%

3 years

40.68%

p.a

5 years

31.49%

p.a

*Returns are USD-denominated after fees as at 28 February 2021. See our full performance disclaimer for more details.

Risk and Returns

The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The lowest risk rating doesn’t mean “risk-free” and this risk indicator is not a guarantee of a Fund’s future performance. For more information, read the PDS.

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Copyright 2020 – Kernel Wealth Limited 

Indices provided by: 

CompanyIndustry% as at 28 February 2021
Blink Charging CoAutomotive Retail10.78%
Plug Power IncElectrical Components & Equipment7.02%
Tata Motors LtdAutomobile Manufacturers4.78%
Ballard Power Systems IncElectrical Components & Equipment4.56%
Dana IncorporatedAuto Parts & Equipment4.34%
Tesla Inc Ordinary SharesAutomobile Manufacturers4.22%
Gentherm IncAuto Parts & Equipment3.90%
American Axle & Mfg HoldingsAuto Parts & Equipment3.72%
Lear CorpAuto Parts & Equipment3.48%
Borgwarner IncAuto Parts & Equipment3.32%
ArcelorMittal IncSteel3.31%
HondaAutomobile Manufacturers3.04%
Cummins IncMachinery3.03%
NIOAutomobile Manufacturers2.95%
General Motors CoAutomobile Manufacturers2.85%
Sanmina CorpElectronic Manufacturing Services2.80%
Allison Transmission HoldingsMachinery2.73%
Modine ManufacturingAuto Parts & Equipment2.71%
SolarEdge TechnologiesSemiconductors2.64%
Sensata Technologies HoldingElectrical Components & Equipment2.62%
Stellantis Ordinary SharesAutomobile Manufacturers2.50%
Workhorse Group IncAuto Parts & Equipment2.49%
Hyster-Yale Materials HandlingMachinery2.48%
Nikola CorporationMachinery2.48%
Meritor IncMachinery2.42%
Texas Instruments IncorporatedSemiconductors2.29%
Toyota Motor CorpAutomobile Manufacturers2.23%
Kandi Technolgies GroupAuto Parts & Equipment2.17%
Luxfer HoldingsMachinery1.34%

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